Rules & Regulations of the State of Tennessee
Title 0770 - Housing Development
Chapter 0770-01-04 - Rental Housing Loan Program
Section 0770-01-04-.07 - RENTAL CHARGES
Universal Citation: TN Comp Rules and Regs 0770-01-04-.07
Current through September 24, 2024
In establishing or approving rent structures the Agency will provide for rents, which together with other monies legally available to the Agency or the housing sponsor with respect to the housing development, will be sufficient to meet the debt service, maintenance and operational requirements of the housing development and in circumstances appropriate for limited profits a return on equity. Only rents established or approved by the Agency from time to time may be charged for dwelling units in housing developments financed by an Agency mortgage loan.
Authority: T.C.A. § 13-23-115(18).
Disclaimer: These regulations may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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